Trump signed a decree imposing additional 40% duties on goods from Brazil.
US President Donald Trump has imposed additional duties of 40% on goods from Brazil, bringing the total tariff to 50%. This was reported by the Reuters news agency on July 30.
"Trump signed a decree imposing additional 40% duties on Brazil, bringing the total amount of duties to 50%," the publication says.
It is noted that the decision was made due to the fact that the actions of the Brazilian government allegedly pose "a threat to the national security, foreign policy and economy of the United States."
Earlier in the day, Brazilian President Luiz Inacio Lula da Silva said that the republic would find new partners if the United States imposed trade duties on Brazilian goods. The president added that Americans will have to pay for Trump's imposition of trade duties, which will face higher prices for coffee, beef, orange juice and other products, much of which are imported from Brazil.
On July 24, Lula da Silva announced his readiness for a dialogue with the United States on trade duties. At the same time, the Brazilian president noted that the American leader does not show any desire to start negotiations.
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